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Afghan cargo trucks can travel freely to all parts of Pakistan

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The officials of the Islamic Emirate of Afghanistan (IEA), and Pakistan agreed that from now on Afghan trucks will not be unloaded in Peshawar and Quetta of Pakistan.

The IEA and the Pakistani delegation in Kabul agreed in Tuesday’s meeting that from now on Afghan trucks will not be unloaded in Peshawar and Quetta, but will travel freely to all parts of Pakistan.

According to IEA, the same facility has been considered for Pakistani trucks when crossing Afghanistan to the Central Asia countries.

The two sides have also agreed to keep the price of coal unchanged and to facilitate trade in this field.

The two sides have also formed a joint committee for further monitoring.

In a separate meeting with IEA’s acting foreign minister, the Pakistani delegation has once again emphasized the expansion of trade relations between the two countries and said that they want to jointly invest with Afghan investors in electricity generation so that Pakistan can get electricity instead of importing coal from Afghanistan. 

In this meeting, Amir Khan Muttaqi, the IEA’s acting foreign minister, emphasized that the policy of the Islamic Emirate is to make Afghanistan the economic crossroads of the region.

Both the Ministry of Foreign Affairs and the Pakistani delegation agreed that they will provide the necessary facilities in the fields of export, import and passenger movement between the two countries.

Afghan Acting Minister of Industry and Commerce Nooruddin Azizi on Tuesday said that the country is holding talks with a Pakistani delegation to sign an agreement to facilitate bilateral trade. 

A trade delegation from Pakistan, led by Commerce Secretary Saleh Farooqui, arrived in Kabul on Monday evening to hold talks on coal imports as well as transit and barter trade between the two countries.

“The barter trade, which is a serious issue for Afghan traders, cross-staffing, the trade of materials, and coal will be discussed,” the acting Minister of Commerce and Industry Azizi said. Pakistan’s Commerce and Industry Ministry had earlier said that delegates will hold talks regarding trade, transit and transportation with the Afghan authorities.

Afghanistan Chamber of Commerce and Investment (ACCI) had also said that Islamabad was trying to boost its trade with Afghanistan, local media reported.

Kabul had earlier raised coal prices for Pakistan, two days ahead of the delegation’s visit. The coal price has increased from USD 200 to USD 280 per tonne. The price of coal was increased owing to the constant surge of price in the global market, Afghanistan’s Ministry of Minerals and Petroleum spokesperson Ismatullah Burhan said adding that 10,000 tons of coal are exported to Pakistan every day earning the country millions.

Earlier this month, the IEA had increased the price of coal by 30 percent after Pakistan Prime Minister Shehbaz Sharif approved importing of coal from Afghanistan. As per Sharif, Pakistan would save more than two billion dollars by importing coal from Afghanistan.

Sharif had approved the import of super-critical quality coal from Afghanistan in Pakistani rupee instead of dollars to help generate low-cost electricity in his country.

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Afghanistan eyes direct Basmati rice imports from India amid tensions with Pakistan

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Afghanistan is exploring direct imports of Basmati rice from India as it seeks to diversify its supply sources amid ongoing tensions with Pakistan, according to a report by The Hindu.

The report said Indian exporters and Afghan importers are expected to meet next month to discuss expanding direct trade in Basmati rice, following preliminary talks between officials from both countries held last week with the facilitation of the PHD Chamber of Commerce and Industry.

Afghanistan consumes nearly 500,000 tonnes of Basmati rice annually and has traditionally relied on imports from neighboring Pakistan. However, industry sources told The Hindu that recent strains in Afghanistan-Pakistan relations have encouraged Kabul to seek alternative suppliers, including India.

Representatives of Afghanistan’s diplomatic mission in New Delhi reportedly took part in the discussions and expressed interest in increasing purchases of Indian Basmati rice. At present, some Indian rice reaches Afghanistan indirectly through traders in Iran and Dubai, a route that adds to transportation and transaction costs.

One proposal under consideration is to transport rice through Iran’s Bandar Abbas Port, subject to agreements between the two governments. The discussions are also expected to cover logistics, payment mechanisms, and the possibility of barter trade, with Afghanistan’s dried fruit exports to India seen as a potential component of future trade arrangements.

According to The Hindu, a direct trade arrangement could help India expand its share of Afghanistan’s Basmati market, which has historically been dominated by Pakistani suppliers.

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Afghanistan, Kyrgyzstan establish trade council to boost economic cooperation

The two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council.

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The Embassy of the Islamic Emirate of Afghanistan in Kyrgyzstan says the Afghanistan-Kyrgyzstan Business Forum has been held with the participation of officials from both countries.

According to a statement issued by the embassy, Acting Ambassador Abdul Shakoor Haqqani said Afghanistan supports strengthening bilateral trade relations and promoting joint economic initiatives between the two countries.

The statement added that the two sides signed a memorandum of understanding to establish the Afghanistan-Kyrgyzstan Trade Council. The council aims to strengthen ties between business communities, coordinate joint initiatives, and expand and support economic projects.

Meanwhile, Sayed Karim Hashemi, Chairman of the Afghanistan Chamber of Commerce and Investment, arrived in Kyrgyzstan on Saturday at the head of a trade delegation to participate in the forum.

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Afghanistan invites Turkish investors to expand joint investments

Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.

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A high-level Afghan business delegation, led by the Chairman of the Balkh Chamber of Commerce and Investment, Mohammad Ibrahim Ghazanfar, participated in the Afghanistan–Türkiye Joint Business Council meeting in Istanbul, calling for expanded joint investment and stronger economic cooperation between the two countries.

According to a statement from the Balkh Chamber of Commerce and Investment, Ghazanfar invited Turkish investors and industrialists to explore investment opportunities across various sectors in Afghanistan, emphasizing the country’s potential for mutually beneficial partnerships.

The meeting brought together business leaders, investors, and private sector representatives from both Afghanistan and Türkiye to discuss ways to strengthen bilateral trade and economic ties.

During the event, several cooperation agreements were signed between Afghan and Turkish economic institutions. The agreements are aimed at expanding commercial relations, promoting joint investment projects, and enhancing economic cooperation between the two countries.

The meeting was chaired by Süleyman Güllü, Chairman of the Türkiye–Afghanistan Joint Business Council, and was attended by Mohammad Akbar Azimi, the Islamic Emirate of Afghanistan’s Consul General in Istanbul, along with a number of businessmen and investors from both countries.

Participants stressed the importance of increasing private sector cooperation and creating new opportunities to boost trade and investment between Afghanistan and Türkiye.

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